Leonardo Dicaprio and Steven Spielberg are in talks about teaming up for a new movie.

The Hollywood star and director are said to be in early discussions about working on a biopic of former US President Ulysses S. Grant, which DiCaprio and Jennifer Davisson are in line to produce.

According to Deadline, Spielberg is keen to re-team with DiCaprio for their first joint-project since 2002 motion picture 'Catch Me If You Can'.

Grant - who died in 1885 aged 63 - had two terms as the US President, succeeding Andrew Johnson, and managed to stable the economy as well as attempt to crush the Ku Klux Klan.

The movie is to be adapted by David James Kelly from Ron Chernow's biography 'Grant'.

Lionstate and Appian Way acquired the film rights to the book last November.

Both DiCaprio and Spielberg look to have a busy few years lined up, with the 'Revenant' actor set to star in 'Once Upon a Time in Hollywood', which will be directed by Quentin Tarantino.

The film will follow former Western TV series star Rick Dalton and stunt double Cliff Booth as they try to make their way in the late 1969 Hollywood, set against the backdrop of the infamous Manson Family murders.

Margot Robbie is said to be close to signing up portray Sharon Tate, who was killed by members of the Manson Family commune.

Speaking about the film, Tarantino recently said: ''It takes place during the 1969 Hollywood era at the height of the counterculture explosion, at the time of the hippie revolution.

''During the summer, little by little, block by block, we'll be transforming Los Angeles in the psychedelic Hollywood of 1969.''

Spielberg is set to work on a fifth 'Indiana Jones' movie and then 'West Side Story'. The director recently helmed 'Ready Player One' and 'The Post'.